Traydstream, a London, UK-based fintech company focused on digitizing and automating the trade finance industry, raised $21 million in Series B funding.
The funding round was led by Pivot Investment Partners, with participation from e& capital, the investment arm of e&.
Founded in 2014, Pivot Investment Partners, a U.S.-based fintech investment firm. The firm works closely with a select set of high-potential FinTech and InsurTech companies, investing operating expertise and capital in their success and accelerated growth.
Traydstream Use of Funds
With the new funding, Traydstream will catalyze the next phase of Traydstream’s growth and advance its mission to transform trade finance. It will also accelerate Traydstream’s efforts at enhancing its AI-powered platform.
Traydstream is a provider of automated trade document scrutiny and compliance-checking solutions. Its innovative platform empowers financial institutions and corporates to streamline trade finance operations, reduce risks, and enhance efficiency. With a strong commitment to driving digital transformation, Traydstream is revolutionizing the trade finance industry.
Company: Traydstream Limited
Round: Series B
Funding Month: September 2023
Lead Investors: Pivot Investment Partners
Additional Investors: e& capital
Company Website: https://traydstream.com/
Software Category: Automated Trade Document Scrutiny and Compliance Checking Solutions